Airtel Africa investors lose N556 billion in a day trading as sell pressure intensifies
Airtel Africa Plc investors lost about N556 billion (or 10%) in market capitalization at the end of Wednesday's trading session.
Airtel Africa Plc investors lost about N556 billion (or 10%) in market capitalization at the end of Wednesday's trading session.
The combined market capitalization of stocks worth over one trillion (SWOOTs) appreciated by 0.71% to close at N19.95 trillion
This is last week's performance report for stocks worth over one trillion (SWOOTs)
The combined market capitalization of stocks worth over one trillion (SWOOTs) depreciated by 0.92% to close at N17.17 trillion
Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, BUAFOODS, and MTNN Plc
The NGX All-Share-Index and Market Capitalization depreciated by 6.67% to close the week at 44,396.73 and N24.182 trillion, respectively
The stock has been on a losing streak since Monday October 17, 2022
The NGX-All Share Index dropped by 1,203.09 basis points
Airtel has lost a whopping N752 billion in market cap.
Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, NESTLE and MTNN Plc.
Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |